Ultima distribution
This article was originally published in The Rose Sheet
Executive Summary
Revlon will continue to support its Ultima brand domestically and abroad despite discontinuation of the brand in J.C. Penney, Elizabeth Kenny, senior VP-marketing for Almay and the Portfolio Brands says. Discontinuation will not have a "significant" impact on Revlon's overall business, as business in Penney's represents less than 1% of consolidated sales, exec adds. Statement follows J.C. Penney's announcement that it is downsizing its cosmetics department (1"The Rose Sheet" Feb. 3, 2003, p. 3)...